The government has decided to raise the overall real estate tax rate for multi-homeowners to 6.0%.

For multi-household corporations, 6.0% is applied collectively.

On the 10th, the government held the 10th Emergency Economic Central Countermeasures Headquarters (Economic Major) at the Seoul Metropolitan Government Office, chaired by Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance, and announced measures to supplement the real estate that contained such information.

First of all, we decided to increase the increase in the middle tax rate for multi-homeowners compared to the December 16 measures last year.

For multi-homeowners (over 3 houses and 2 homeowners in the reconciled area) exceeding the target of 9.4 billion won, the maximum tax rate is set at 6.0%.

This is about 3.2% of the current level, 2.0% higher than the 4.0% suggested at the time of the December 16 measures.

Last year's housing tax payer was 511,000, or 1.0% of the total population.

For multi-household corporations, the middle and highest tax rates of 6.0% are applied.

Previously, in the June 17th measures, the government stated that in the case of a corporation holding a house, the highest tax rate will be applied as a single tax rate regardless of the taxable section.

In addition, the basic deduction of 600 million won and the upper limit of detailed tax, which are applied to individuals, are not applied to the final tax on housing for corporations.